Hello, what are the financing methods of the real estate enterprises you consulted? The answer is as follows: The sources of funds for real estate development in China can be divided into internal financing and external financing. 1. Internal financing methods include: (1) enterprise's own funds: including the funds invested by investors when the enterprise is established, surplus reserve fund drawn from after-tax profits after a period of operation, and capital reserve fund (mainly by accepting donations and converting the exchange rate difference of funds). Self-owned funds are the basis and guarantee for enterprise operation, and the state has strict requirements on the proportion of self-owned funds of real estate enterprises. Developers are generally reluctant to use too much of the company's own funds. Only when the profitability of the project is considerable and certain, it is possible to appropriately invest the company's own funds. (2) Accounts received in advance: refers to the deposit received by the developer from the buyer in advance according to the contract, and the development and construction funds received by the entrusted development unit in advance according to the contract agreed by both parties. For developers, the necessary development funds can be raised in advance in this way. Among them, advance payment mainly refers to the personal mortgage loan of buyers, which is an important source of development funds for real estate enterprises in China. 2. The main channels and financing tools of external financing are: (1) listing financing: listing financing of joint-stock real estate enterprises has become an important financing channel, including direct listing and indirect listing using shell company resources. (2) Real estate development bonds: issuing bonds can gather idle social funds and bring large-scale long-term funds for real estate development for land development and real estate project investment. Bonds are an important financing channel when real estate enterprises have long-term capital needs in development. (3) Bank credit: Borrowing from banks is the main financing channel for developers. Short-term credit can only be used as working capital of enterprises, and long-term credit can be applied as collateral at the completion stage of development projects. Developers in China apply for loans from banks, which can be divided into land loans and construction loans. Common development loans include short-term overdraft loans, deposit mortgage loans and real estate mortgage loans. (4) Real estate investment trusts (REITs) are investment institutions that collect the funds of multiple investors in the form of companies or commercial trusts, acquire and hold real estate (generally income-generating real estate) or finance real estate, and enjoy tax incentives. In essence, it is a securitized industrial investment fund, which absorbs the funds of public investors by issuing shares or income units and entrusts special management institutions to operate and manage them. Through diversification, it chooses various real estate securities, projects and businesses for portfolio investment. (5) Commercial mortgage-backed securities (CMBS): This is a financing method of commercial securitization, which integrates commercial real estate mortgage loans in real estate loans into a portfolio mortgage loan and issues it to investors through the securitization process and bonds. (6) Other financing methods: utilizing foreign capital, leaseback financing, repurchase financing, lease financing, mezzanine financing, etc. According to different classification standards, the financing methods of real estate enterprises can be divided into different types. The most common classification refers to internal financing and external financing. In any case, financing must meet certain conditions and require the permission of relevant financial institutions. After the expiration of the financing period, it is necessary to pay the principal and interest to specific investors.